Accounts filed on 29-02-2020


Registered number: 04909151






Usher Retail Limited


ACCOUNTS

FOR THE YEAR ENDED 29 FEBRUARY 2020
























Prepared By:
Paul Clixby Chartered Accountant
27 Hornyold Road
Malvern
WR14 1QQ


ACCOUNTS
FOR THE YEAR ENDED 29 FEBRUARY 2020





DIRECTORS
J R Usher
Mrs J E Taylor-Usher


REGISTERED OFFICE
The Byre, Horsecroft Lane
Winster
Matlock
Derbyshire
DE4 2AB


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 04909151



ACCOUNTANT
Paul Clixby Chartered Accountant
27 Hornyold Road
Malvern
WR14 1QQ


ACCOUNTS
FOR THEYEARENDED29 FEBRUARY 2020



CONTENTS



		Page

Directors' Report		-

Accountant's Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 29 February 2020

			2020		2019
	Notes		£		£

FIXED ASSETS
Tangible assets	2		349,884		101,729

CURRENT ASSETS
Debtors	3	373,734		451,588
Cash at bank and in hand		117,993		140,227
		491,727		591,815
CREDITORS: Amounts falling due within one year	4	109,166		15,599
NET CURRENT ASSETS			382,561		576,216
TOTAL ASSETS LESS CURRENT LIABILITIES			732,445		677,945


CREDITORS: Amounts falling due after more than one year	5		141,071		-


PROVISIONS FOR LIABILITIES AND CHARGES			5,452		-

NET ASSETS			585,922		677,945

CAPITAL AND RESERVES

Called up share capital			9,503		9,503
Profit and loss account			576,419		668,442
SHAREHOLDERS' FUNDS			585,922		677,945

For the year ending 29 February 2020 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 23 February 2021 and signed on their behalf by



.............................
J R Usher
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been enacted or substantively enacted by the balance sheet date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.




3. DEBTORS	2020	2019
	£	£

Amounts falling due within one year:
Trade debtors	54,000	-
Other Tax	8,015	241,892
Other debtors	311,719	209,696
	373,734	451,588




4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2020	2019
	£	£
Loan	38,000	-
Trade creditors	16,099	3,487
Taxation and social security	4,982	-
Other creditors	50,085	12,112
	109,166	15,599




5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2020	2019
	£	£
Loan	141,071	-
	141,071	-